TikTok just laid off hundreds from its global workforce. Here's why
Briefly

"We're making these changes as part of our ongoing efforts to further strengthen our global operating model for content moderation," a TikTok spokesperson said in a statement.
TikTok confirmed the layoffs and stated that several hundred employees were expected to be impacted globally as part of a wider plan to improve its moderation operations.
The company expects to invest $2 billion globally in trust and safety this year, demonstrating a commitment to enhance efficiency in content moderation.
ByteDance has over 110,000 employees in more than 200 cities globally, indicating the scale of the company amid the current layoffs.
Read at Fast Company
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